The Oyo State Government has advocated the strengthening of entrepreneurship centres in universities through the establishment of business incubation facilities, industrial clusters and innovation hubs to promote enterprise development, stimulate job creation and accelerate economic growth.

The Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, made this call while speaking as a Special Guest at the University of Ibadan SME Fair 2026, organised as part of activities marking the institution’s 78th Anniversary.

The two-day event, held on November 3 and 4, 2026, at the International Conference Centre, University of Ibadan, Ibadan, had the theme, “Scaling Emerging SMEs for Global Impact: From Innovation to Sustainable Growth.”

Professor Adelabu emphasised that university entrepreneurship centres should go beyond vocational skills acquisition by incorporating business incubation facilities where students and aspiring entrepreneurs could develop their ideas, improve existing products and transform innovations into commercially viable ventures.

He observed that young people of the present generation possess enormous talents and innovative ideas that could contribute significantly to economic development if given the right environment, guidance and institutional support.

According to him, business incubation would provide students and young entrepreneurs with opportunities to develop their ideas gradually, improve on existing products and introduce innovations that could translate into successful businesses.

The Commissioner also called for the establishment of industrial clusters within university entrepreneurship centres, explaining that many Nigerian products were still at the semi-finished stage and required further processing and value addition to maximise their economic potential.

He noted that adding value to locally produced goods would create more wealth, expand business opportunities and strengthen the country’s industrial base. He further advocated the integration of innovation hubs into entrepreneurship centres, stressing that every product and business process could be improved upon through continuous innovation.

On access to funding, Professor Adelabu encouraged aspiring entrepreneurs to explore available financial opportunities through commercial banks, the Bank of Industry, the Central Bank of Nigeria and other government-backed intervention programmes and grants.

He, however, stressed the need for prospective beneficiaries to prepare sound business plans and conduct proper feasibility studies to establish the viability of their proposed businesses and demonstrate how they intended to achieve their objectives.

The Commissioner further challenged participants to cultivate entrepreneurial mindsets, noting that entrepreneurship was not restricted to any particular profession or academic qualification. He explained that people in professions such as medicine, pharmacy, veterinary medicine and law could equally become successful entrepreneurs by identifying opportunities within their respective fields.

Encouraging young people not to allow financial challenges to discourage them, he urged them to start with whatever resources they had, remain focused and consistently develop their ideas, noting that great businesses were often built gradually through determination, commitment and perseverance.

Professor Adelabu described Small and Medium Enterprises (SMEs) as important instruments for addressing unemployment and reducing poverty in Nigeria. He particularly identified agriculture and Information and Communication Technology (ICT) as sectors with enormous potential to generate employment and improve economic prosperity when effectively harnessed.

He commended the founding fathers and mothers of the SME Fair for sustaining the initiative, noting that its impact was already being felt. He called for the programme to be sustained for future generations and expanded through collaboration among universities across Nigeria to promote a stronger national entrepreneurship and innovation ecosystem.

The Commissioner congratulated the organisers and participants, urging them to leave the fair with practical ideas and commitments that could be developed into viable businesses and presented at subsequent editions of the programme.

In recognition of his contributions and commitment to entrepreneurship, investment and economic development, Professor Adelabu received an award from the organisers of the SME Fair. The Wife of the Oyo State Governor, Her Excellency, Engr. (Mrs.) Tamunominini Makinde,  presented the award to the Commissioner.

Other dignitaries at the event included the Wife of the Governor of Oyo State, Engr. (Mrs.) Tamunominini Makinde; the Honourable Commissioner for Women Affairs and Social Inclusion, Hon. (Alhaja) Faosat Joke Sanni; the Head of Service, Mrs. Adenike A. Fasina, mni; a representative of the Oyo State House of Assembly; the Executive Chairman of Ibadan North Local Government, Hon. Oluwaseun Olufade; and other Government officials.

Also present were the Vice-Chancellor of the University of Ibadan, Professor Peter Olamakinde Olapegba; Deputy Vice-Chancellors; the Registrar; the Bursar; the University Librarian; members of the academic community; captains of industry; representatives of ProvidusUnity Bank; entrepreneurs and other stakeholders.

The Oyo State Government continues to prioritise initiatives that promote entrepreneurship, investment, innovation and enterprise development as essential drivers of economic growth, employment generation and sustainable prosperity.

The Oyo State Government has expressed its readiness to support the Igbalode Alhaja Trade Fair 1.0, scheduled to hold on December 19 and 20, 2026, at Liberty Stadium, Ibadan, as part of efforts to promote entrepreneurship, strengthen local businesses and create wider market opportunities for traders and exhibitors.

The Permanent Secretary, Ministry of Investment, Trade, Cooperatives and Industry, Mr Olajide Mamud OKESADE, gave the assurance while receiving the convener of the trade fair, Mrs Olukunle Oluronke, popularly known as Igbalode Alhaja, alongside members of her organising team, during a meeting with the Ministry.

Mr. Okesade commended the organisers for bringing entrepreneurs and business owners together through the initiative, describing it as a commendable effort towards economic growth and productive engagement. He noted that the Oyo State Government, under the leadership of Governor Seyi Makinde, remains committed to growing the state’s economy through initiatives that encourage legitimate businesses, create opportunities and promote wealth creation.

The Permanent Secretary stressed the importance of adequate preparations for the event, particularly in the areas of security, fire safety and emergency response. He advised the organisers to make arrangements for security personnel, the Fire Service and an ambulance, alongside other relevant stakeholders, to ensure the safety of exhibitors and visitors throughout the two-day programme. He also encouraged them to clarify the event’s organisational and operational arrangements and identify specific areas where government support would be required.

Speaking on the importance of connecting local businesses with international markets, Okesade highlighted the relevance of the African Continental Free Trade Area (AfCFTA), noting that Oyo State is positioning itself to take advantage of the opportunities offered by the continental trade framework. He disclosed that the Ministry was advancing activities under the State Organising Export Committee, including ongoing capacity-building programmes at affordable costs, under the guidance of the Governor. He also announced that the state’s AfCFTA trade portal was expected to commence operations the following week, while encouraging entrepreneurs to engage with the Ministry and take advantage of available opportunities. He emphasised that successful businesses thrive by identifying and providing solutions to people’s needs, noting that solutions create value and attract patronage.

Also present at the meeting was the Iyaloja-General of Oyo State, Princess Folashade Azeezat Abeo Nurudeen, who encouraged the convener and her organising team, expressing support for the initiative. She also joined the convener and members of the organising team for photographs at the meeting

Earlier, the Director of Trade in the Ministry, Mrs Modupe Adesina, welcomed the delegation and described the initiative as a commendable one, expressing delight at seeing women taking the lead in business development and entrepreneurship. She assured the organisers that the Ministry would explore opportunities to participate in the fair by sensitising exhibitors and visitors on the Oyo State Government’s programmes and interventions for youths, exporters and entrepreneurs, including opportunities available through export promotion and cooperatives.

The Deputy Director of Trade, Mr Olayinka Raimi, commended the initiative and sought further clarification on the categories of goods and products expected at the exhibition, the number and status of exhibitors, the intended target audience and the daily operating hours of the fair. He also requested that the organisers clearly identify their specific expectations from the Ministry to enable appropriate consideration and determine the areas of possible government support.

Similarly, the Assistant Director of Trade, Mr Olawale Olanrewaju, informed the delegation that the Ministry was preparing for the forthcoming Oyo State Trade Fair scheduled for November 23–29, 2026. He invited the Igbalode Alhaja Trade Fair organisers and interested exhibitors to participate in the state trade fair, describing it as an opportunity to gain further exposure, interact with other businesses and familiarise themselves with the Ministry’s trade promotion activities.

In her remarks, the convener, Mrs Olukunle Oluronke, popularly known as Igbalode Alhaja, said the trade fair was designed to provide a platform for business owners to showcase their products, attract customers and expand their commercial opportunities. She disclosed that about 50 vendors were already on ground to exhibit at the event venue and appealed to the Ministry to support the initiative through publicity, attendance and possible collaboration. She also invited the Ministry to participate in the December event.

The Project Manager, Mr Toheeb Nihinlola, clarified that the trade fair was not exclusively designed for women but was open to both male and female entrepreneurs, traders and members of the public. He appealed for the Ministry’s support in areas that would enhance the success and visibility of the exhibition, stressing the organisers’ desire to make it an inclusive platform for business promotion and commercial engagement.

Also speaking, the Communication Director of the trade fair, Mr Abdulazeez Abdulmalik, provided further insight into the event’s objectives, publicity arrangements and scheduled activities. He explained that the two-day exhibition would provide participating businesses with opportunities to showcase their products, reach prospective customers, increase brand visibility and encourage patronage. He reiterated the importance of public awareness and broad participation in achieving the objectives of the fair.

The meeting underscored the Ministry’s readiness to engage with credible private-sector initiatives that promote trade, entrepreneurship and economic development, while encouraging the organisers to put the necessary arrangements in place and sustain engagement with relevant government agencies

The Oyo State Government, through the Ministry of Investment, Trade, Cooperatives and Industry, has approved the appointment of Alhaji Yisau Kolayode Hamzat as Asoju Apapo Egbe Oloja (Market Leaders’ Council Representative) for an initial period of six months, as part of efforts to strengthen coordination, representation and effective engagement among market leaders and traders across the state.

The approval, conveyed in an official letter dated October 29, 2026, and signed by the Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, followed a formal request submitted to the Ministry by the four principal leaders of the Market Leaders’ Council.

Professor Adelabu stated that the appointment was approved to strengthen cooperation and promote the interests of market leaders and traders in Oyo State. He directed Alhaji Hamzat to work under the leadership of the four principal market leaders, comprising Alhaji (Chief) Yekini Abass Oladapo, Babaloja-General of Oyo State; Alhaji (Chief) Sunmaila Aderemi Jimoh, Aare Oloja of Oyo State; Princess Folashade Abeo Azeezat Nurudeen, Iyaloja-General of Oyo State; and Chief (Mrs) J.T. Raimi, Asiwaju Oloja of Oyo State.

The Permanent Secretary of the Ministry, Mr Olajide Mamud Okesade, reaffirmed the importance of effective administrative coordination and constructive engagement between the government and organised market leadership in promoting an orderly and supportive business environment. He noted that a clearly defined representation structure would facilitate communication, strengthen stakeholder engagement and support the Ministry’s efforts to address issues affecting traders and commercial activities across the state.

Alhaji Hamzat, who is the President of the Tradesmen and Artisans Association of Nigeria, Oyo State Chapter, expressed his appreciation to the Oyo State Government, particularly Governor Seyi Makinde and the Honourable Commissioner, Professor Salihu Abdulwaheed Adelabu, for the confidence reposed in him through the appointment. He pledged to be proactive, dedicated and committed to discharging his responsibilities, assuring that he would work harmoniously with the four principal market leaders to strengthen communication, promote unity, protect the collective interests of traders and facilitate constructive engagement with the government. He also promised to bring his experience as President of the Tradesmen and Artisans Association of Nigeria, Oyo State Chapter, to bear on the assignment, with a determination to contribute meaningfully to the growth of trade and commerce across the state.

Alhaji Hamzat pledged to bring his experience in organised trade and artisan representation to the new assignment adding that his appointment will provide an avenue for closer engagement between the Market Leaders’ Council, the wider trading community and the government on matters relating to market administration, traders’ welfare and the development of commerce in Oyo State.

The four principal market leaders who initiated the request expressed their support for the appointment through their joint correspondence to the Ministry. They are Alhaji (Chief) Yekini Abass Oladapo, Babaloja-General of Oyo State; Alhaji (Chief) Sunmaila Aderemi Jimoh, Aare Oloja of Oyo State; Princess Folashade Abeo Azeezat Nurudeen, Iyaloja-General of Oyo State; and Chief (Mrs) J.T. Raimi, Asiwaju Oloja of Oyo State. In their request, they highlighted the need for effective representation, improved communication and stronger coordination between the council and the relevant authorities to advance the collective interests of market leaders and traders.

The approval reflects the Oyo State Government’s recognition of the importance of engaging organised stakeholder groups in promoting peaceful coexistence, effective market coordination and sustainable commercial development. It also reinforces the Ministry’s role in facilitating constructive dialogue between government and the trading community.

The appointment is valid for an initial period of six months, during which Alhaji Hamzat is to operate under the leadership of the four principal market leaders and in accordance with the Ministry’s directives

The Oyo State Government has called for stronger trade and investment partnerships to expand business opportunities, promote local enterprises and drive economic growth as the 2026 Oyo State International Trade Fair, EXPOYO 2026, officially opened on Tuesday, October 27, at the Permanent International Trade Fair Complex, Sango, Ibadan.

The Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu  Adelabu, stated this while delivering the address of the Executive Governor of Oyo State, Engineer Seyi Makinde, at the opening ceremony.

Speaking on the theme of the fair, “Trade Without Borders: Connecting Oyo Entrepreneurs to Africa’s Business Opportunities,” Professor Adelabu said the event should serve as more than a platform for buying and selling, stressing its potential to promote innovation, attract investment, strengthen business relationships and develop the State’s local economy.

He emphasised the importance of branding, publicity and innovation in improving the competitiveness of local businesses, noting that the talents and expertise available in the State’s universities, polytechnics and other higher institutions should be harnessed to develop entrepreneurs, create jobs and boost productivity.

The Commissioner also highlighted the proposed dry port in Akinyele, the establishment of a Commercial and Export Development Department in the Ministry, and opportunities under the African Continental Free Trade Area (AfCFTA). He called for stronger collaboration between the Government and the organised private sector, urging businesses to take advantage of existing policies and opportunities to create wealth and prosperity. He subsequently declared the fair open on behalf of Governor Makinde.

In his welcome address, the Permanent Secretary of the Ministry, Mr. Olajide Mamud Okesade, commended the State Government’s commitment to infrastructure development and institutional reforms. He described the trade fair as an important platform for connecting micro, small and medium-sized enterprises, manufacturers, entrepreneurs and investors with wider markets across Africa.

He urged participants to maximise the opportunities provided by the fair to establish business relationships, showcase their products and explore avenues for commercial growth.

The President of the Oyo Chambers of Commerce, Industry, Mines and Agriculture, ESV Niran Adewoyin, described the theme as timely, expressing optimism that the fair would attract investment, strengthen supply chains, improve product standards, expand exports and create employment opportunities.

He encouraged participants to establish lasting business relationships that would extend beyond the exhibition.

Similarly, the National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Engineer Doctor Jani Ibrahim, represented by Chief Kola Akosile, Chairman of the Association’s Micro, Small and Medium-Sized Enterprises Trade Group and former President of ODUACCIMA, urged entrepreneurs to improve product quality, embrace technology, meet certification requirements and position their businesses to compete effectively in African markets.

The Babaloja-General of Oyo State, Alhaji Abass Yekini Oladapo, described the fair as a strategic platform for promoting indigenous businesses, strengthening market activities and expanding opportunities for traders across the State.

He urged traders to embrace innovation, improve product quality and explore emerging local and international markets to grow their businesses.

He also reaffirmed the commitment of market leaders to supporting Government policies that promote a peaceful trading environment, wealth creation and sustainable economic development.

Goodwill messages were delivered by Chief Wole Akinwande, former President of the Oyo Chambers of Commerce, Industry, Mines and Agriculture; Chief Ogunnike, President of the Ibadan Chamber of Commerce; and Mr. Salawu Wahab, Chairman of the Organising Committee of EXPOYO 2026.

Their remarks which highlighted the importance of sustained stakeholder engagement, business cooperation and active participation in activities that promote trade and investment.

A major highlight of the ceremony was a tour of the exhibition booths and pavilions led by Professor Adelabu and accompanied by other dignitaries. The Commissioner interacted with exhibitors and inspected products, services and innovations on display, underscoring the importance of showcasing local businesses, increasing their visibility and creating opportunities for networking and commercial partnerships.

The 2026 Oyo State International Trade Fair, holding from October 26 to November 1, brings together entrepreneurs, manufacturers, investors and other stakeholders to showcase their products and services, strengthen business connections and explore trade and investment opportunities across Africa.

E-Signed:

Prince Dotun Oyelade

Hon. Commissioner for Information,

Oyo State

The Oyo State Government has announced that the 2026 edition of the Oyo State International Trade Fair, EXPOYO 2026, will hold from October 26 to November 1, 2026, at the Permanent International Trade Fair Complex, opposite Ventura, Sango–UI Road, Ibadan, under the theme, “Trade Without Borders: Connecting Oyo Entrepreneurs to Africa’s Business Opportunities.”

The Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Adelabu, disclosed on Friday in his office, saying that the formal opening ceremony of the event is scheduled for Tuesday, October 27, 2026.

He expressed profound appreciation to the Executive Governor of Oyo State, Engr. Seyi Makinde, for approving the hosting of the trade fair.

The Commissioner explained that the event is being organised in collaboration with the Oyo State Council of Chambers of Commerce, Industry, Mines and Agriculture (OYCCIMA), describing the initiative as a demonstration of the state government’s commitment to economic growth, investment promotion, trade development and the advancement of indigenous enterprises.

Professor Adelabu noted that EXPOYO 2026 would provide a valuable platform for entrepreneurs, manufacturers, investors, artisans, traders and other business stakeholders to showcase their products, establish business connections and explore opportunities within and beyond Nigeria.

He stated that the event aligns with the state government’s commitment to strengthening trade, promoting local industries, attracting investment and expanding market access for businesses across Oyo State.

The Commissioner commended Governor Makinde for his continued support for initiatives that stimulate economic activities and create opportunities for businesses to thrive.

He reaffirmed the ministry’s commitment to working with OYCCIMA and other relevant stakeholders to ensure that the trade fair achieves its objectives and further positions Oyo State as a destination for trade, investment and enterprise development.

In his remarks,the Permanent Secretary of the Ministry, Mr Olajide Mamud Okesade described EXPOYO 2026 as an important platform for connecting businesses, strengthening commercial relationships and showcasing the economic potential of Oyo State.

The Chairman of the EXPOYO 2026 Organising Committee and a member of OYCCIMA, Mr Salawu Wahab, appreciated Governor Makinde for approving the hosting of the trade fair and acknowledged the state government’s support for the initiative.

He noted that the organising committee was working towards delivering an event that would offer exhibitors and visitors opportunities for product promotion, business networking and access to wider markets.

The Vice Chairman of the EXPOYO 2026 Organising Committee and a member of OYCCIMA, Chief Abiola Alli, called for stronger collaboration among relevant government institutions to ensure broad participation and effective coordination.

The trade fair will also feature a raffle draw, with various prizes to be won by participants who purchase raffle tickets.

Similarly,the Oyo State Government has continued to demonstrate its commitment to improving the business environment as Independent Verification Agent (IVA) field verification agents assessed the implementation of the State Action on Business Enabling Reforms (SABER) Programme at the Ministry of Investment, Trade, Cooperatives and Industry.

The exercise which formed part of the SABER Year 3 (2025) Annual Performance Assessment, focusing on the Ministry’s grievance redress mechanism for business-related complaints.

The verification was designed to assess the Ministry’s records, processes and arrangements for receiving and addressing grievances from traders and other business operators.

Receiving the verification agents in his office ,the Commissioner, reaffirmed the importance of accountability, effective service delivery and continuous improvement in implementing government reforms.

He commended the Executive Governor of Oyo State, Engr. Seyi Makinde, for his commitment to policies and initiatives aimed at creating an enabling environment for trade, investment and economic growth.

The IVA field verification agents, Mr. Victor Odesola and Mr. Emmanuel Kolade, explained that the exercise was intended to verify the Ministry’s performance under the SABER Programme.

They expressed satisfaction with the efforts made so far and encouraged the Ministry to sustain and improve its performance while intensifying public sensitisation on the trade grievance redress mechanism to ensure that traders and business operators across the state are aware of the available channels for reporting complaints.

E-Signed* :
Prince Dotun Oyelade
Hon.Commissioner for Information,
Oyo State

…Addresses Industry Concerns

The Oyo State Government has reaffirmed its commitment to strengthening collaboration with the Manufacturers Association of Nigeria (MAN) and other key stakeholders towards creating a conducive environment for industrial growth and sustainable business development in the State.

The Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, stated this during a meeting with the leadership of the Manufacturers Association of Nigeria (MAN), Oyo/Osun/Ondo/Ekiti States Branch, led by its Branch Chairman, Dr. Samuel O. Olawoye, at his office in the State Secretariat, Ibadan.

Professor Adelabu, while welcoming the MAN delegation, appreciated the association for its cooperation and constructive engagement with the State Government, stressing the need for all relevant stakeholders to work together and chart a common path towards addressing issues affecting the manufacturing sector.

He noted that the Ministry of Investment, Trade, Cooperatives and Industry, by virtue of its responsibilities, would continue to engage manufacturers and other relevant stakeholders, emphasising that effective inter-ministerial coordination was essential to resolving issues that cut across areas such as industry, trade, markets, environment, health, safety and other regulatory matters.

The Commissioner said there was a need to strengthen regular engagement with manufacturers, recalling that issues raised by industrial operators during recent visits to industries had provided useful insights into some of the challenges confronting the sector. He therefore expressed support for the resuscitation of a regular stakeholder meeting involving the Ministry, MAN and other relevant government agencies.

According to him, issues relating to power supply, road access to industrial areas, environmental concerns, safety audits and other factors affecting the competitiveness of businesses require coordinated attention. He stressed that the State Government was interested in creating an environment that would enable industries to operate, expand and contribute more significantly to employment and economic development.

Professor Adelabu further emphasised the importance of maintaining appropriate safety standards in industrial operations, noting that safety remains a fundamental component of global best practices. He, however, stressed the need for transparency and proper coordination in the implementation of regulatory processes, assuring the manufacturers that the concerns raised would receive appropriate attention.

He also disclosed that the Ministry would continue to collaborate with relevant ministries and agencies on issues affecting industrial development, noting that the Ministry of Environment and Natural Resources, among other stakeholders, plays an important role in creating a conducive environment for businesses and industrial activities across the State.

The Commissioner called for stronger communication and a clearly defined meeting point among relevant stakeholders, saying that effective coordination would help prevent misunderstandings and facilitate faster resolution of issues affecting businesses.

Speaking at the meeting, the Commissioner for Environment and Natural Resources, Engr. Dr. Ademola Aderinto, explained that the Ministry remained open to engagement with MAN and other stakeholders, encouraging the association to formally seek clarification whenever it required further information on matters within the Ministry’s purview.

Dr. Aderinto explained that the safety audit initiative was aimed at promoting occupational health and safety, environmental protection and compliance with applicable operational standards. He noted that the exercise was designed to identify potential hazards and encourage facilities to strengthen their safety management systems and operational procedures.

He also disclosed that the Ministry had commenced initiatives aimed at recognising environmental and compliance excellence among businesses, explaining that such recognition was intended to encourage industries and other operators to continually improve their environmental standards and practices.

Earlier, the Branch Chairman of MAN, Dr. Samuel O. Olawoye, who led the delegation, read and presented the association’s letter to the Commissioner, outlining issues of concern to manufacturers and seeking stronger engagement between the association and relevant government stakeholders.

Dr. Olawoye commended the State Government for its engagement with the manufacturing community and recalled the association’s earlier interactions with the Ministry, stressing the importance of regular stakeholder meetings to provide a platform for addressing emerging issues affecting manufacturers.

The meeting also provided an opportunity for the State Government and MAN to exchange views on matters affecting industrial operations, with both sides expressing the need for continued dialogue and constructive engagement in the interest of industrial development in Oyo State.

E-Signed:
Prince Dotun Oyelade
Hon. Commissioner for Information,
Oyo State.

The Oyo State Government has intensified efforts to position farmers, Micro, Small and Medium Enterprises (MSMEs) and exporters in the State to take advantage of opportunities in the non-oil export sector.

The Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, stated this on Thursday at a one-day workshop and sensitisation programme for farmers, MSMEs and exporters on non-oil exportable products in Oyo State.

The programme, organised by the Ministry in collaboration with the Nigeria Export Promotion Council (NEPC), Oyo Smart Office, Ibadan, was held at the Conference Room of the Ministry, Secretariat, Ibadan.

Professor Adelabu, while welcoming participants, said the programme was coming at a crucial time when Nigeria was increasingly looking beyond crude oil for foreign exchange earnings and economic growth.

He said Oyo State was strategically positioned to contribute significantly to the diversification of the nation’s economy, given its agricultural resources, vibrant trading community, growing MSME sector and opportunities in agro-processing and other non-oil export activities.

The Commissioner, however, stressed that having products alone was not sufficient, noting that businesses seeking to enter the international market must understand quality standards, certification, packaging, labelling, export procedures, documentation, logistics, pricing and market requirements.

He said the State Government remained committed to creating an enabling environment for businesses to thrive, expand and participate meaningfully in domestic, regional and international trade.

According to him, the administration of the Executive Governor of Oyo State would continue to explore opportunities provided by the African Continental Free Trade Area (AFCFTA) and other international trade initiatives to improve market access for businesses in the State.

Professor Adelabu urged farmers and MSMEs to move beyond producing for the local market and position themselves as suppliers to markets across Africa and beyond.

He emphasised the need to move from production to value addition, value addition to standardisation, and standardisation to export competitiveness, while encouraging participants to share their challenges and make the best use of the knowledge provided during the workshop.

He assured that the Ministry would continue to collaborate with NEPC and other relevant institutions to facilitate trade, promote entrepreneurship, support MSMEs and encourage export-oriented production in Oyo State.

In his remarks, the State Coordinator and Deputy Director, Nigeria Export Promotion Council, Oyo Smart Office, Ibadan, Mr. Ralph Ogbenyi, who was represented by Mr. Opaleye Oluwatosin, said NEPC remained committed to supporting businesses to understand and take advantage of opportunities in the non-oil export sector.

He encouraged participants to improve the quality, packaging, certification and documentation of their products in order to meet the requirements of international markets.

Mr. Richmond Ogigai, Chief Executive Officer, Wallx Africa Limited, focused on digital transformation and urged business owners to maximise the potential of their smartphones and establish a strong digital presence through WhatsApp, Google Maps, social media and websites.

The facilitator identified digital visibility, purposeful content, digitised business operations and proper transaction records as essential pillars for building credible and scalable businesses.

Business owners were also advised to separate their personal and business accounts and maintain proper records, as transaction data could strengthen their business credibility and improve their chances of accessing finance.

Wallx Africa announced plans to provide 30 annual subscriptions to businesses that demonstrate readiness to embrace digital transformation. It also disclosed plans to connect credible businesses with financial institutions and develop a financing initiative in collaboration with the Ministry. Seventy per cent of the subscriptions are to be allocated to women entrepreneurs and 30 per cent to men.

Mr. Imhanbor Martins and Mr. Kayode Olugbemide, representatives of Fountana-Mart Associates Nigeria Limited, sensitised participants on the proposed Oyo State-Ghana Trade Summit, designed to expose businesses in the State to cross-border trade, digital commerce, product exhibition, business matching and networking opportunities in Ghana and the wider West African market.

The proposed initiative is expected to provide participants with practical knowledge of digital branding, e-commerce, cross-border payments, logistics, Ghana’s trade environment and investment opportunities, while creating avenues to connect with potential buyers, distributors and business partners.

The programme also highlighted the importance of the ECOWAS Trade Liberalisation Scheme (ETLS) in facilitating eligible products moving across West African markets and encouraged prospective exporters to understand the relevant certification and documentation requirements.

Messrs. Otunba Kunle Adeyemo Farms delivered a practical session on viable agricultural products with export potential, including cocoa, cashew and coffee.

The facilitator also demonstrated farming practices, including irrigation methods and their benefits for improved agricultural productivity, while participants were introduced to selected cashew varieties, including Brazilian Jumbo and Ogbomoso varieties. Vegetable seedlings were also brought for practical demonstration.

A major highlight of the workshop was the hands-on training by Mrs. Temitope Debbie, CEO, Emmatee’s Global Limited, who demonstrated a practical session on cosmetics production, and Miss Bolanle Adeusi, CEO, ABS Sparkle Limited, on toiletries production, which exposed participants to practical approaches to developing locally sourced products for wider markets.

The workshop provided participants with practical knowledge on value addition, digital transformation, agricultural production and export opportunities, reinforcing the State Government’s commitment to strengthening MSMEs, creating jobs and positioning Oyo State businesses for greater participation in regional and international trade.

Oyo MITC&I Management, Staff Celebrate Commissioner Adelabu at Birthday Prayer Session, Laud His Transformative Leadership

The management and staff of the Oyo State Ministry of Investment, Trade, Cooperatives and Industry have celebrated the Honourable Commissioner, Professor Salihu Abdulwaheed Adelabu, on his birthday, describing him as a committed and hardworking leader whose vision and dedication are bringing positive transformation to the Ministry.

The celebration, which took place at the Commissioner’s office, brought together members of the Ministry’s management team, senior officials and other members of staff for a special prayer session to mark the occasion and seek divine blessings for the Commissioner in his new year.

The team was led by the Director of Trade and Coordinating Director, Mrs. Modupe Adesina, who led members of the management and staff to the Commissioner’s office to celebrate him and offer prayers for his continued success and wellbeing.

The occasion was marked by prayers in both Islamic and Christian traditions, reflecting the spirit of unity and peaceful coexistence within the Ministry.

Leading the Islamic prayer, the Director of Cooperatives, Mr. Idowu Olawoyin, thanked Almighty Allah for the life of Professor Adelabu and prayed for continued divine guidance, wisdom, good health, protection and strength for the Commissioner.

He also prayed that Allah would continue to guide Professor Adelabu in the discharge of his responsibilities and grant him the wisdom and understanding required to achieve his vision for the Ministry and contribute meaningfully to the development of Oyo State.

In the Christian prayer, the Assistant Director of Industry, Mr. Jide Williams, prayed for God’s continued protection, favour, wisdom and grace upon the Commissioner.

He prayed that God would strengthen Professor Adelabu, bless his new age and grant him the capacity to accomplish his aspirations, while asking for continued peace, progress and success for the Ministry and Oyo State.

The Senior Special Assistant to the Governor on Industry and Cooperatives, Honourable Adeyemo Emmanuel Adedokun, was also present at the prayer session, alongside the Director of Administration and Supplies, Mrs. Obatade Monilade; Director of Finance and Accounts, Mrs. Rhoda Adeoye; Internal Auditor, Mr. Olawuyi Olatunji; and other members of staff.

Speaking on behalf of the management and staff, Mrs. Modupe Adesina congratulated the Commissioner on his birthday and appreciated his commitment to the growth and development of the Ministry.

She noted that Professor Adelabu had demonstrated a strong commitment to his responsibilities, describing him as a leader who is hardworking, intelligent, approachable and passionate about making the Ministry better.

The staff also acknowledged the various positive changes recorded in the Ministry under the leadership of Professor Adelabu, particularly his determination to improve the effectiveness of the Ministry and strengthen its contribution to investment, trade, cooperatives and industrial development in the State.

They commended his willingness to embrace ideas capable of advancing the Ministry and his determination to ensure that the various directorates and departments operate effectively towards achieving the broader development agenda of the Oyo State Government.

The celebration therefore provided more than an opportunity to mark the Commissioner’s birthday; it was also a demonstration of the goodwill and appreciation of the management and staff for his leadership, commitment and efforts towards repositioning the Ministry.

The prayer session ended with warm birthday wishes and goodwill messages from members of staff, who prayed for Professor Adelabu to enjoy many more years in good health, wisdom, peace and fulfilment.

They further prayed that his new age would usher in greater accomplishments, renewed strength and divine favour as he continues to contribute to the development of the Ministry and the socio-economic advancement of Oyo State.

Happy Birthday to the Honourable Commissioner, Professor Salihu Abdulwaheed Adelabu.

The Oyo State Government has commenced a data capture and identity card registration exercise for traders, artisans, cooperative members and industrialists across the state’s 33 local government areas, with each beneficiary expected to pay ₦1,000 for the identification card.

The Commissioner for Investment, Trade, Cooperatives and Industry, Prof. Salihu Abdulwaheed Adelabu, disclosed this during a stakeholders’ engagement organised by the ministry in Ibadan.

He said the exercise was designed to create a credible database for economic planning and improve access to government interventions.

Adelabu said “the Oyo State government could not effectively plan for traders, artisans, cooperatives and industrialists without reliable information on their number and distribution.”

He disclosed that Global Sight Services Limited had been engaged to coordinate the data capture and production of the identity cards.

Also speaking the Permanent Secretary of the ministry, Olajide Mamud Okesade, said the identity card would contain modern security and verification features, including a QR code and chip.

He added that “the cards were expected to be ready within one month of registration, while the consultant would visit markets, associations and business clusters across the state.”

The consultant, Dayo Bello, said the registration would be linked to verified information, including National Identification Numbers and Bank Verification Numbers, to reduce duplication, fraudulent claims and inaccurate records.

He said the cards would be produced in ATM-card format and linked to beneficiaries’ verified bank accounts, while the ₦1,000 payment would be made into the beneficiary’s account.

Meanwhile, the state government has reaffirmed its commitment to hosting EXPOYO 2026, with the Commissioner disclosing that a fresh memorandum was being prepared for Governor Seyi Makinde’s approval through the Office of the Secretary to the State Government.

The development followed administrative processes that delayed the earlier proposed date for the trade fair.

The Vice President of the Oyo State Council of Chambers of Commerce, Industry, Mines and Agriculture, Alhaji Abiola Alli, had appealed for the early approval of EXPOYO 2026, proposed for the last week of October.

He said early confirmation of the date would enable exhibitors, investors and development partners to make adequate preparations, while the Commissioner urged OYCCIMA to strengthen its role in investment promotion, economic advocacy and generation of sector-specific data to support government planning

The Oyo State Government has reaffirmed its unwavering commitment to the successful hosting of EXPOYO 2026, as part of its broader agenda to stimulate investment, promote industrialisation and strengthen the State’s economy through strategic public-private sector partnerships.

The Honourable Commissioner for Investment, Trade, Cooperatives and Industry, Professor Salihu Abdulwaheed Adelabu, gave the assurance while receiving the leadership of the Oyo State Council of Chambers of Commerce, Industry, Mines and Agriculture (OYCCIMA), led by its President, Esv. Niran Adewoyin, alongside the Vice President, Alhaji Abiola Alli, and other executive members of the Chamber during a courtesy visit to his office in Ibadan.

Professor Adelabu said the Ministry was fully aware of the importance of EXPOYO to the economic aspirations of the State, explaining that the delay in fixing a definite date was due to administrative processes that affected the earlier proposal.

He disclosed that the Ministry had commenced the process of preparing a fresh memorandum for the approval of Governor Seyi Makinde through the Office of the Secretary to the State Government (SSG), expressing confidence that the necessary approval would be secured to enable adequate planning for the event.

The Commissioner stressed that while EXPOYO remains a flagship economic event, OYCCIMA’s responsibility extends beyond organising trade fairs. According to him, the Chamber should serve as the voice of the State’s economy by generating reliable sectoral data, championing policy advocacy, attracting investments and promoting innovation capable of driving sustainable economic growth.

He urged the Chamber to strengthen its collaboration with the Ministry, the Federal Ministry of Industry, Trade and Investment, international chambers of commerce and development finance institutions such as the African Export-Import Bank (Afreximbank), noting that such partnerships would unlock greater opportunities for businesses and position Oyo State as a preferred investment destination.

Professor Adelabu further emphasised that Government exists to create an enabling environment for businesses to thrive, adding that effective teamwork between the Ministry and OYCCIMA would accelerate industrial development, enhance value addition across key sectors and improve the State’s contribution to the national economy.

He also challenged the Chamber to provide periodic economic reports, sector-by-sector statistics and investment data that would support Government planning and evidence-based policy formulation, stressing that “data drives decision-making and remains critical to economic transformation.”

Earlier, the Vice President of OYCCIMA, Alhaji Abiola Alli, appealed to the State Government to facilitate the early approval of EXPOYO 2026, proposed for the last week of October 2026.

He noted that timely confirmation of the date would sustain the confidence of exhibitors, investors and development partners, while enabling both the Chamber and the State Government to make adequate preparations for a successful trade fair.

Alhaji Alli described EXPOYO as one of the Chamber’s flagship programmes, whose benefits extend beyond the business community to the State Government through investment promotion, enterprise development, market expansion and increased economic activities.

He recalled that the maiden edition of EXPOYO enjoyed the support of Governor Seyi Makinde’s administration, with the Deputy Governor representing the Governor at the event, a demonstration of the Government’s commitment to promoting commerce, trade and industrial development in Oyo State.

The meeting ended with both parties reaffirming their resolve to work more closely towards delivering a bigger and more impactful EXPOYO 2026, while strengthening institutional collaboration aimed at attracting investments, creating jobs and advancing Governor Seyi Makinde’s vision of a sustainable and prosperous economy for Oyo State.